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Friday 01 April 2016 3:54 pm

Amazon and Microsoft in talks to park in self-driving car space with cloud computing

By: William Turvill

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Amazon and Microsoft are in discussions to provide cloud computing to a digital mapping business owned by a group making self-driving cars.

BMW, Audi and Daimler acquired Here Maps from Nokia for €2.8bn (£1.97bn) last year.

Read more: Audi, BMW and Daimler deal accelerates driverless car plans

Reuters has reported that the technology companies are in talks with the group and that Amazon is considering becoming a shareholder in the digital mapper.

Intelligent mapping systems provide information to self-driving cars.

Read more: Why self-driving cars are still far in the distance

Sources were quoted saying Amazon “would take a stake as part of a broader deal to lock them in as a provider of cloud computing services” and Microsoft is interested in developing “closer ties” with Here.

Microsoft and Amazon have not responded to requests for comment.

A Here spokesman told Morning Wire: "Shareholders have stressed since the acquisition in early December last year that they are open for new and other investors – from all industries – to broaden the shareholder base for HERE."

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